Sep 28 2007
Fed Spigot Opened
It didn’t take long: We publish our comments yesterday — that the Fed’s hand would be forced to add liquidity despite its tightening last week prior to the .50% rate cut.
Well, the Fed release updated figures demonstrating that the spigot is open — money supply was up over $20 billion for the week.
Meanwhile, inflation indicator Gold is trading at over $743, Oil over $83. And here’s what’s been happening to the dollar.
Are you planning around this? How are you measuring your returns on investment? You might want to consider as much!
